Where Will Rio Tinto plc ADR Common Stock (RIO) Stock Go Next After It Is Up 1.94% in a Week?

The market has been high on Rio Tinto plc ADR Common Stock (RIO) stock recently. RIO gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Rio Tinto plc ADR Common Stock has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on RIO!

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What is Stock Sentiment?

When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With RIO Stock Today?

Rio Tinto plc ADR Common Stock (RIO) stock is up 0.75% while the S&P 500 is lower by -0.25% as of 10:54 AM on Monday, Apr 1. RIO is higher by $0.48 from the previous closing price of $63.74 on volume of 749,898 shares. Over the past year the S&P 500 is higher by 27.08% while RIO is lower by -5.68%. RIO earned $6.16 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 10.41. To see InvestorsObserver's Sentiment Score for Rio Tinto plc ADR Common Stock click here.

More About Rio Tinto plc ADR Common Stock

Rio Tinto searches for and extracts a variety of minerals worldwide, with the heaviest concentrations in North America and Australia. Iron ore is the dominant commodity, with significantly lesser contributions from aluminium, copper, diamonds, gold, and industrial minerals. The 1995 merger of RTZ and CRA, via a dual-listed structure, created the present-day company. The two operate as a single business entity. Shareholders in each company have equivalent economic and voting rights. Click Here to get the full Stock Report for Rio Tinto plc ADR Common Stock stock.